Compensation & Benefits India - Sr. Professional

1 Day ago • 6-8 Years

Job Summary

Job Description

The Sr. Professional, Compensation & Benefits role involves managing reward programs and policies in India, ensuring compliance with local regulations. Responsibilities include handling employee inquiries, processing enrollment changes, collaborating with vendors, evaluating and improving benefits programs, analyzing data, preparing reports, managing a wellness program, and updating policies. The candidate will also be responsible for handling sensitive information with confidentiality and professionalism. The role requires a strong understanding of local employment laws and benefit regulations, and will also assist the US benefits team with tasks as needed.
Must have:
  • Bachelor’s degree in a relevant field.
  • 6-8 years’ experience in Total Rewards.
  • Strong understanding of local employment laws.
Good to have:
  • Proficient Excel skills.
  • Experience working in a global organization.
  • Familiarity with HRIS platforms.

Job Details

When you join Accurate Background, you’re an integral part of making every hire the start of a success story. Your contributions will help us fulfill our mission of advancing the background screening experience through visibility and insights, empowering our clients to make smarter, unbiased decisions. About the Role: - We are seeking an experienced and dedicated Sr Professional, Compensation & Benefits to join our team in India reporting to Sr Manager, Compensation & Benefits. The Sr Professional will be responsible for local management of reward programs and policies, ensuring compliance with local regulations. The ideal candidate will have a strong background in Total Rewards administration to assists in the development of incentive programs and the administration of merit-cycle programs as well as provide support and guidance to employees regarding their benefits. Excellent analytical and communication skills, and a commitment to enhancing employee wellbeing will be a prerequisite.  

Responsibilities:

    • Serve as the primary point of contact for employees regarding benefits-related inquiries and issues.
    • Process enrollment changes monthly.
    • Review monthly invoices for accuracy and process accordingly.
    • Collaborate with external vendors and service providers to administer benefits programs including monthly wellness webinars and quarterly health check-ups.
    • Evaluate existing benefits programs and recommend improvements to ensure competitiveness and alignment with company goals.
    • Analyze benefits data to assess program effectiveness and identify trends and areas for improvement.
    • Prepare and present reports on benefits utilization, costs, and employee satisfaction to HR leaders.
    • Participate in annual benefit renewal, providing employee data and service feedback.
    • Develop and implement a wellness program to improve the health and wellbeing of employees.
    • Create and distribute educational materials, conduct workshops, and host informational sessions to ensure employees are well-informed about their benefits, enrollment process and plan changes.
    • Develop and update benefits policies and procedures in alignment with company objectives and legal requirements.
    • Ensure clear documentation and communication of all benefits policies to employees.
    • Ensure all benefits programs comply with local laws and regulations.
    • Collaborate with Finance and answer questions related to benefit processes, balance in deposit and other related tasks.
    • Assist US benefits team with day-to-day/monthly tasks and reporting as needed.
    • Performs other duties as assigned or required

Skills & Qualifications:-

    • Bachelor’s degree in human resources, Business Administration, Economics, or related field.
    • 6-8 years’ experience in Total Rewards, or a similar role.
    • Overall accountable for service delivery in C&B, ensuring 2nd tier support and strong project execution.
    • Responsible for the correct execution of (local) Compensation & Benefits processes in line with policies and standard operating procedures
    • Responsible for the deployment of the roadmap of C&B topics with a direct impact and influence on Accurate being the employer of choice.
    • Ability to handle sensitive information with confidentiality and professionalism.
    • Excellent analytical skills, the ability to interpret complex data and recommend data driven actions.
    • Proficient Excel skills including VLOOKUP’s and pivot tables.
    • Strong understanding of local employment laws and benefit regulations.
    • Passionate about employee health and wellbeing.
    • Ability to demonstrate creative problem-solving skills and a drive delivery & execution.
    • Exceptional attention to detail and accuracy.
    • Effective communication (verbal & written) and interpersonal skills.
    • Ability to interact with all levels of management and employees within India.
    • Familiarity with HRIS and other HR technology platforms such as SF, Workday.
    • Must be self-directed and resourceful.
    • Ability to prioritize and manage multiple tasks in a fast-paced environment.
    • Experience working in a global organization with team located across multiple countries/time zones.
    • Flexible working in 2:00 PM to 11:30 PM IST timings.
The Accurate Way: We offer a fun, fast-paced environment, with lots of room for growth. We have an unwavering commitment to diversity, ensuring everyone has a complete sense of belonging here. To do this, we follow four guiding principles – Take Ownership, Be Open, Stay Curious, Work as One – core values that dictate what we stand for, and how we behave.  Take ownership. Be accountable for your actions, your team, and the company. Accept responsibility willingly, especially when it’s what’s best for our customers. Give others every reason to trust you, believe in you, and count on you. Rise to every occasion with your personal best. Be open. Be open to new ideas. Be inclusive of people and ways of doing things. Make yourself accessible and approachable, and communicate with genuineness, transparency, honesty, and respect. Embrace differences. Stay curious. Stay curious even as you move forward. Tirelessly ask questions and challenge the status quo in your pursuit of new ideas, ways to solve problems, and to continually grow and improve.  Work as one. Work together to create the best customer and workplace experience. Put our customers and employees first—before individual or departmental agendas. Make sure they get the help they need to succeed.  About Accurate Background: Accurate Background’s vision is to make every hire the start of a success story. As a trusted provider of employment background screening and workforce monitoring services, Accurate Background gives companies of all sizes the confidence to make smarter, unbiased hiring decisions at the speed of demand. Experience a new standard of support with a dedicated team, comprehensive technology and insight, and the most extensive coverage and search options to advance your business while keeping your brand and people safe. Special Notice: Accurate is aware of schemes involving fraudulent job postings/offers and/or individuals or entities claiming to be employees of Accurate. Those involved are offering fabricated employment opportunities to applicants, often asking for sensitive personal and financial information. If you believe you have been contacted by anyone misrepresenting themselves as an employee of Accurate, please contact humanresources@accurate.com. - Please be advised that all legitimate correspondence from an Accurate employee will come from "@accurate.com" email accounts. - Accurate will not interview candidates via text or email. Our interviews are conducted by recruiters and leaders via the phone, Zoom/Teams or in an in-person format. - Accurate will never ask candidates to make any type of personal financial investment related to gaining employment with the Company.

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